GBPUSD

23

Jul 2026
GBPUSD Holds Below 1.34 as UK Inflation Cools

Key Points GBPUSD held near 1.3373 after UK inflation slowed more than expected. Headline inflation eased to 2.6%, but services inflation remained elevated at 3.6%. Markets continued to price at least one Bank of England rate increase before the end …

17

Jul 2026
GBPUSD Holds Weekly Gains as UK Fiscal Concerns Ease

Key Points GBPUSD remained near a two-month high as easing concerns over UK fiscal policy supported sterling sentiment. Reports suggesting a more fiscally cautious approach from potential UK leadership changes helped reduce concerns over government spending. UK monthly GDP grew …

9

Jul 2026
GBPUSD Holds Near 1.3400 as Risk Sentiment Turns Cautious

Key Points GBPUSD held near 1.3400 as traders assessed renewed US-Iran tensions and a muted reaction in the US dollar. Brent crude rose sharply after US President Donald Trump said an interim agreement with Iran was “over”. Sterling remained close …

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